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Financial results

The AC Milan Group’s consolidated financial statement as at 31 December 2015 indicates a consolidated production value of 221 million euros and a loss of 89.3 million euros (compared to a loss of 91.3 million euros in the 2014 tax year). The statement is reflective of the lack of participation in European competition, as is the case in the current season.

The following table contains details of the economic value generated and distributed by the group in 2014 and 2015.

Economic value generated and distributed by the Group

Figures in thousands of euros

2015

2014

Amount

Amount

Economic value generated by the Group

218,050

218,259

Revenues from sales and services

16,681

25,629

Change in inventory of work in progress, finished and semi-finished products